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Steem (Cryptocurrency)

LONG STEEM/BTC Trade Idea - Short termJust broken the bullish rectangle support level, looking to enter around the 0.00042 mark at major support. Hopefully then is able to bounce to previous support level before heading back down to major support line. This would essentially create a double bottom, and will look for price to hit the 0.618 Fib retracement level on the Daily graph. Green boxes indicate profit points, blue boxes indicate buy area Plan - Purchase at around 0.00042 once reversal has been confirmed - Sell initial investment at previous support/new resistance at about 0.00046 - Buy back in if price retraces to major support (around 0.00042) - Take profits again at major resistance (about 0.00053) - Take all profits at Fib retracement (0.00059) - Initial stop/loss set at 0.00038 - Trailing stop/loss will be set at previous profit/entry point (excluding the first)
Long
by blakeren
Steem finding bids against BitcoinNot only did Steem hold it's value against Bitcoin like we were hoping for last week (see steemit.com/@bulleth), it also put in a half-decent rally on Saturday and is back inside the falling channel. Struggling with resistance in the 60-67 zone now, a break higher would target 75. Technically, we have the makings of a head and shoulders reversal pattern here (neckline in the mid 30s - dotted), but at this stage in the coin's life, I am tempted to ignore it. Valid sell signal doesn't occur til a neckline breach anyway.
Long
by MFXSCharts
Steem Buy only after Break of R1 with possible strong waveSteem R1 level has 1. 20 EMA line 2. Previous support level is broken then retested couple of times 3. Also our resistance trend line in red Because how many different factors are in play, I would suggest buy after a breakout. I would expect possible strong pump afterwards So possible scenario from here is test of resistance accumulation above the .00050 level then break out Stop loss would be a break below the green support trend line Solid project for short term trading purposes suggested trade would be a break out of R1 with a target of R 2 Long term trading targets goes around the 8s so go with .00078 , .00088 and .00098 for now Please do your own research BEST OF LUCK EVERYONE
Long
by dr.ehabaziz
Steem/BTC - Does it still have some STEEM left?Just having fun tossing as many colors on the chart as physically possible.. I literally have no idea what any of it means... (lol, jk...kinda!) Just having fun and learning a few things as I go... If you have some tips or tricks let me know.. Steem went up today and I think there will be a retracement before it's next big move up. Let me know your prediction for STEEM below...Charts and/or knowledge that help the crypto community especially appreciated and always welcome!!
SLong
by akashefi12
3
Cryptocurrencies have a entered multi-month correctionThe Cryptocurrencies had a spectacular run in the last couple of months. But since mid of June they all moved into a rather nasty correction. Bitcoin went below 2,000 USD already while Ethereum lost more than 65% in six weeks. Yet they are oversold and getting interesting again.  I have been buying IOTA over the last couple of days. It´s up 52% today :-)  ! As well I continue to like DASH and STEEM and I have been buying into recent weakness. However it is rather difficult to come up with a decent risk/reward-ratio at the moment. There is no need to rush. Overall the cryptocurrencies have very likely moved into a multi-month correction. So you will need to have a lot of patience and must be very careful with your buying orders. I don't think that the bubble has burst instead this is just another healthy and necessary correction within this great crypto bull market. But it will take time. Most of the weekly charts are not yet oversold. So there is more downside or at least sideways action to expect. Buy BITCOIN below 1.800 USD, Stop loss 950 USD Buy DASH below 120.00 USD, no stop Buy STEEM below 1.00 USD, no stop Timeframe 6-12 months Don´t put more than a maximum of 5% of your networth into cryptocurrencies and only use money you can afford to loose.
BITFINEX:BTCUSD
by MidasTouchConsulting
6
STEEMBTC Long Investment Opportunity - 15 July 2017I love the Steemit Community and for this reason I believe Steemit and Steem Coin will revolutionize social media content marketing and lifestyle design. I believe Steemit will be competing with the giants in a few years. Fundamental Commentary This new fork in BTC being launched from AUG 1 2017 will cause a lot of volatility so this may help my trading idea work. Tips I recommend selling your BTC for ETH and waiting a few weeks until the dust settles. Take your coin out of exchanges and into cold storage Enjoy the show Rodrigo Antonio
Long
by Fiiyat
LONG on STEEM/BTC, SOLID 8:1 risk reward ratioThis chart looks really good to me, hopefully we can catch an entry at 0.00064125, if we do, we could see potential jump and solid exit points. Ichimoku cloud acts as a strong support, and also this line was tested previously and had a strong buy support and a quick rejection whenever it was passed. Stop loss has been set just in case, because I think trend wont recover if it goes 10% below the support line. The way we exit according to the chart is to see if we pass Exit1 and based on RSI and MACD we make conclusion that momentum is still moving us up, if we for instance hit Exit2, and have a strong pullback towards Exit1, we should get out of our position. Ideally, we will reach Exit3.
Long
by bizi